Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I stated over a year ago that George would walk away from this with a big golden handshake from canmex ,let's say $10m to make it worth his while ,shareholders at a guess 0.15 and canmex take the lot for peanuts ,starting to look like that could happen very soon George would be happy Canmex would be happy ,shareholders get shafted that's how it works on the AIM exchange
So let me get this ,we send in our questions before hand so George can pick and choose what questions he wants to answer and they call it a live Q&A webiner ,how backward is that ,seems George is a bit nervous about something ,maybe penny has finally dropped, we'll l have asked two questions ,lm pretty sure neither will be answered ,1 George why do you lie so much to shareholders and spin so many yarns 2 cash burn at present way of the scale will this be the last raise you'll need or am l right that Prem will need to raise another $20M until such time that Zulu could become profitable, if that ever happens ,
It's quite simple really,if George had gone to a bank or institute to borrow funds there would have been terms and conditions attached ,George would have someone to answer to,and by now they would have insisted his removal, and he knows this ,but he can do what he likes at present, of course and answer to no one